In her strategy, Cynthia Lummis proposes using US Treasury gold certificates to buy Bitcoin. The initiative involves buying 5% of BTC from the market and then storing it for 20 years. This would require about $90 billion.

VanEck analysts predict that the Bitcoin exchange rate will grow by an average of 25% per year, then by 2049 the US government reserve could reach $42 trillion. And the national debt, according to their estimates, is growing by 5% per year, so by that time it will amount to $119 trillion.

“This reserve could amount to about 35% of the national debt by 2049, or $42 trillion in debt relief,” write VanEck research chief Matthew Siegel and investment analyst Nathan Frankovitz.

It is worth noting that analysts base their scenario on a Bitcoin price of $200,000 in 2025. Currently, 198,100 BTC are stored in US government wallets, and Lummis' strategy proposes to purchase another 801,900 coins.

Earlier, Matthew Siegel warned that the Bitcoin price could fall significantly before the next stage of growth.